Industry Headlines: July 4, 2013
- Retail Vacancies Lowest in 4 Years: An indisputably good sign for the US economy. (Wall Street Journal)
- NRF Predicts Cautious Back-to-School Shopper: Shoppers are girding their pocketbooks for back-to-school season. (MediaPost)
- Ex-Coca-Cola boss plans to fizz up €10m ghost mall: Renovated just a few years back, Dublin’s CHQ has never managed to rent the majority of its space. Now it’s been picked out for new life. (Herald IE)
- L.A. City Council votes to let mall developer keep tax revenue: Good news for Westfield, but not all stakeholders are pleased. (LA Times)
- How Fashion Brands Are Using Vine: A few practical examples of how folks are using the new social video service. (Mashable)
- E-fairness could lead to more tenants for shopping centers: Panelists: The Marketplace Fairness Act could prompt online retailers to take up brick-and-mortar locations. At the very least, it will keep them from being penalized for it. (Shopping Centers Today)
- Just when you thought Mall of America had it all, soon you could swim, skate, stay longer: Mall of America will soon big bigger – and better – than ever. (Twin Cities Pioneer Press)
- New graphic highlights shopping center stats: US NOI, jobs, vacancies and more, all at a glance thanks to ICSC. (Business Examiner)
- Chinese Malls Waive Rents as Vacancies Loom: The centers are offering perks to smaller international retailers in the hopes of filling space. (Bloomberg Businessweek)